368 Maxwell Street, Sarnia, ON N7T 5E2
Sarnia · Near Maxwell St and Gordon St · View map
About this home
Attention investors! Outstanding opportunity to acquire a cash-flowing duplex in the heart of Sarnia, offering three self-contained units and strong income potential at an affordable price point. With a total of 7 bedrooms, 3 bathrooms, and 3 full kitchens, this purpose-built income property is an excellent addition to any investment portfolio. This property is currently generating $4,000 per month ($48,000 annually) in gross rental income, with all rents inclusive. Current rental breakdown is as follows: Unit 1-$1,400/month (scheduled to be vacant mid-August, with the seller willing to make provisions to secure a new tenant prior to closing, subject to the terms of the Agreement of Purchase and Sale), Unit 2- $1,650/month and unit 3-$950/month. Based on previous years' operating figures, annual expenses are estimated at approximately: Gas -$2,700, Hydro & Water-$6,206, Insurance-$1,200, Maintenance-$ 1,800, and Property Taxes -$3,100. The hot water tank is owned, eliminating rental costs. this results in an attractive estimated Net Operating Income, making this a rare opportunity to acquire a positive cash-flow investment property for under $400,000. Conveniently located close to amenities, schools, shopping and public transit, this property offers stable rental demand and long-term investment potential. Property is being sold as is, where is, as the Seller will provide limited representations and warranties with respect to the property. A fantastic opportunity for investors seeking immediate income with future upside.
The home
- Type
- Duplex
- Style
- Bungalow
- Square footage
- 1500-2000 sq ft
- Bedrooms
- 7
- Bathrooms
- 3
- Kitchens
- 3
- Rooms
- 14
- Basement
- Unfinished
- Lot size
- 42 x 114 ft
- Faces
- North
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Exterior
- Vinyl Siding
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Forced Air
- Air conditioning
- Central Air
- Fireplace
- No
Garage & parking
- Driveway spaces
- 3
- Total parking
- 3
Taxes & other
- Property taxes
- $4,216/yr
- Tax year
- 2026
- Occupancy
- Tenant
- Possession
- Flexible
- Cross street
- Maxwell St and Gordon St
- Neighbourhood
- Sarnia
More
- Price per sq ft
- ~$208 (at 1,750 sq ft)
- MLS® number
- X13565718
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No features listed yet.
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
368 Maxwell Street, Sarnia, ON N7T 5E2
Sarnia · Near Maxwell St and Gordon St
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Listing history for 368 Maxwell Street
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 368 Maxwell Street
Answers come straight from this home’s MLS® listing.
How much is 368 Maxwell Street listed for, and what would it cost each month?
368 Maxwell Street is listed for $363,900. With 20% down ($72,780), the mortgage payment would be roughly $1,468 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $1,819 a month, all in. That figure is an illustration, not a quote.
Is 368 Maxwell Street freehold or a condo, and is there a monthly fee?
368 Maxwell Street is a duplex in Sarnia. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
How many bedrooms and bathrooms does 368 Maxwell Street have?
368 Maxwell Street has 7 bedrooms and 3 bathrooms. The listing gives the style as bungalow.
Does 368 Maxwell Street have a garage and parking?
The listing does not show a garage. The driveway adds 3 spaces. In total the listing counts 3 parking spaces.
Does 368 Maxwell Street have a finished basement?
The listing describes the basement as unfinished.
What style of home is 368 Maxwell Street?
368 Maxwell Street is a duplex. A multiplex holds two or more separate units under one roof, often bought to live in one unit and rent the others.
How big is 368 Maxwell Street, and what is the lot size?
The listing puts the home between 1,500 and 2,000 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 42 x 114 ft.
How is 368 Maxwell Street heated and cooled?
Heating is forced air (gas). Cooling is central air.
What are the property taxes for 368 Maxwell Street?
Property taxes are $4,216 a year (2026), or about $351 a month.
Where is 368 Maxwell Street?
368 Maxwell Street is in Sarnia. The nearest main intersection is Maxwell St and Gordon St. The postal code is N7T 5E2.
Is 368 Maxwell Street still for sale?
Yes. It is an active listing (MLS® X13565718). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 368 Maxwell Street asking?
Similar properties for sale nearby right now include 132 Victoria Street S at $334,900 (4 bed), 404 Russell Street S at $309,900 (4 bed) and 169 Christina Street S at $349,900 (3 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 368 Maxwell Street sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 368 Maxwell Street?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
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Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.